|An amazing opportunity with this 1/3+ acre (approx. 132 x 132 ft) rural lot, surrounded by million dollar, custom-built homes, is its own custom 2-storey marvel of 1,900 square feet, with potential for nearly 3,000 livable square feet!! Built by the current owner, this property contains a pre-existing, oversized garage with a separate driveway on the other half of the same deeded lot. The property features a grey, all-brick exterior, 4 bedrooms + office, open concept kitchen, full basement with 7.5 foot ceilings, and 3 exterior entrances. An oversized workshop (exact square footage unknown) in need of a full rehab or tear down sits adjacent to the house, facing the main road. This lot footprint leaves many opportunities for the Investor to explore its highest and best use!! Further, there are nearby subdivisions with $950,000+, 3 bedroom, detached homes that are only 30 years newer. Located in the quaint township of Blandford-Bleinheim within 20 minutes of both Woodstock and Cambridge, but still secluded to feel like your own private country style home, with equal depth and frontage!!
We are selling our assignable purchase contract.
Closing is December 17th, 2021
*Please note: this is is the current scheduled completion date, as per our APS. However, the Seller’s Lawyer requires at least 2 weeks notice upon our Waiver Date to successfully close. Depending on the day of Assignment, the Buyer may need to close at the latest December 22nd, but more time is preferable in any case. Neither party will be penalized for this extension, if required.*
**Our APS comes with an option for the Buyer to take back a mortgage from the Seller at 60% LTV for 12 months, with the first 6 months at 0% interest and the last 6 months at 8% interest. If the Buyer wants this VTB, our APS price will increase for the Seller as will the Wholesale Price (see above for pricing options). The Buyer must decide if they want the VTB when making their offer. Our Assignment Fee will be slightly higher with the VTB.**